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Strategies & Market Trends : Ahh Canada - 2 out of 3 ain't bad -- Ignore unavailable to you. Want to Upgrade?


To: Shack who wrote (564)2/14/2001 5:34:47 PM
From: Davy Crockett  Read Replies (1) | Respond to of 5144
 
Hi Shack,

Nice trading!!! (Wow I wish I could emulate that over a week).

Noticed that you dumped NVLS...

Figures doesn't it... I loaded up (Big time for me) on PMCS, looking for a bounce or better....)

Looking @ the daily chart it appears that a doji has formed indicating indecision on the current trend. The SAR has flatlined & volume has dropped off ( hopefully indicating that the major selling has been more or less completed), MacD is struggling to the upside, Slow Stoc IMHO inconclusive, RSI MAY appear to be forming a rounding bottom... impossible to tell on the daily chart parameter.

stockcharts.com[w,a]dacayymy[db][pc5!c21!c50!c200!h.02,.20!f][vc60][iul14!lc20!la12,26,9!lh14,3!lb14]

on the hourly chart
stockcharts.com[w,a]eacayymy[da][pc5!c21!c50!c200!h.02,.20!f][vc60][iUl14!Lc20!La12,26,9!Lh14,3!Lb14]
A crossover occurred in the last 2 hours of the trading day...

Should be (for me @ least) an interesting trading day.

Regards,
Peter